The assignment requires the implementation of two exercises from Chapter 5 of 'Python for Everybody - Exploring Data using Python 3' by Charles Severance. The first exercise, TURN IN #1, asks to write a program that repeatedly reads numbers until the user enters 'done', then prints out the total, count, and average of the numbers. The second exercise, TURN IN #2, requires a program that prompts for a list of numbers and prints out both the maximum and minimum of the numbers instead of the average.